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Yann Rivoallan appointed new president of the Fédération Française du Prêt-à-Porter Féminin

Yann Rivoallan appointed new president of the Fédération Française du Prêt-à-Porter Féminin

The co-founder of The Other Store, an e-commerce specialist for fashion brands, and most recently of training company Everywhere Anytime, was elected chairman on Thursday for a three-year term.
Fashion
Tendam increases sales by 43.3% to €1.1 billion in 2021

Tendam increases sales by 43.3% to €1.1 billion in 2021

The Spanish fashion conglomerate closed fiscal year 2021 with turnover only 6.2% lower than in 2019. Ebitda almost doubled compared to the previous year, reaching €277.2 million.
Fashion
Klarna launches loyalty card within its app

Klarna launches loyalty card within its app

Easy payments financier Klarna has launched a loyalty card feature on its app. It will allow users to store and access their physical loyalty cards as a digital version “removing the need to carry plastic equivalents".
Fashion
UK consumers rein in spending as inflation bites - GWI report

UK consumers rein in spending as inflation bites - GWI report

As the cost-of-living crisis deepens, it’s no wonder almost a third of UK consumers are now feeling insecure about their finances, according to a new survey from audience insights company GWI.
Fashion
Trade bodies across Europe unite to form European Fashion Alliance

Trade bodies across Europe unite to form European Fashion Alliance

​A giant group comprising European fashion councils and other bodies has been created under the European Fashion Alliance (EFA) banner to “empower a prosperous, sustainable and inclusive European fashion ecosystem”.
Fashion
Boohoo names new CFO as incumbent moves to strategic projects role

Boohoo names new CFO as incumbent moves to strategic projects role

​E-tail giant Boohoo Group has named Shaun McCabe as its new CFO to succeed Neil Catto whose role will transition to an Executive Director, remaining on the board, “with responsibility for strategic projects”.
Fashion
Matalan makes strides in turnaround, new in-house womenswear labels strong

Matalan makes strides in turnaround, new in-house womenswear labels strong

​Matalan has filed its accounts for its latest financial year and also updated on the first quarter of this year with the company clearly making progress in its turnaround.
Fashion
Patatam renames to Rediv and raises €12 million

Patatam renames to Rediv and raises €12 million

The second-hand clothing company has changed its name, is focusing on providing services for brands and retailers, and raising another €12 million from the same funds with which it had already raised €7 million in 2021.
Fashion
Franchise Group mulls lowering bid for Kohl's closer to $50 per share

Franchise Group mulls lowering bid for Kohl's closer to $50 per share

Franchise Group is considering lowering its bid for department store chain Kohl's Corp to closer to $50 per share from about $60 apiece, CNBC reported on Wednesday, citing a source familiar with the deal talks.
Fashion
Amazon has a plan to make Alexa mimic anyone's voice

Amazon has a plan to make Alexa mimic anyone's voice

Amazon.com Inc wants to give customers the chance to make Alexa, the company's voice assistant, sound just like their grandmother -- or anyone else.
Fashion
M&S slams cabinet minister Gove over public inquiry into Marble Arch store plans

M&S slams cabinet minister Gove over public inquiry into Marble Arch store plans

M&S has lost its patience over long-running delays surrounding the demolition and rebuild of its flagship store at the Marble Arch end of London’s Oxford Street.
Fashion
Consumers want more personalisation but worry about privacy - report

Consumers want more personalisation but worry about privacy - report

Here’s a dilemma. Customers expect personalisation during every brand interaction — but they don’t trust brands to keep their personal data secure and to use it responsibly. 
Fashion
Brexit has damaged UK economy even though trade with EU has recovered

Brexit has damaged UK economy even though trade with EU has recovered

​Britain is becoming a more closed economy due to Brexit, with bad long-term implications for productivity and wages to leave the average worker £470 a year poorer by the end of the decade, a study said on Wednesday.
Fashion
UK inflation spikes again to hit another 40-year high

UK inflation spikes again to hit another 40-year high

​Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and underlining the severity of the cost-of-living crunch.
Fashion
Frasers Group increase stake in Hugo Boss again

Frasers Group increase stake in Hugo Boss again

​Frasers Group said on Wednesday that it has once again increased its holding in German luxury fashion giant Hugo Boss. The company now – either directly or indirectly – controls more than 30% of the firm’s stock. 
Fashion
Franchise Group in talks to keep Kohl's management team after a sale

Franchise Group in talks to keep Kohl's management team after a sale

Franchise Group, the preferred bidder to acquire Kohl's, is in discussions to keep the retailer's top management team, including CEO Michelle Gass, if the planned sale is finalized. 
Fashion